Fractional Aircraft ownership has become the smart economical choice for the corporate world. Northeast Air & Sea Services fractional ownership program allows you to purchase a portion (or share) of an aircraft that meets your specific business or personal requirements. While the ownership of a private aircraft may make sense, the cost for the aircraft may not. By purchasing a share of an aircraft you become a part owner, which guarantees you a set amount of occupied hours (flying hours) per year for the term of your agreement.